At the Halifax Grammar School, parents provide for the capital needs of the School through Student Enrolment Bonds, which are secured by the physical property and equipment.
The one-time purchase of a $3,500 non-interest bearing Enrolment Bond is a condition of attendance at the school for each of the first two children in each family. The face value of the Bond ($3,500) will be returned in full to the parents or sponsor at the time of maturity.
The terms of the HGS Bonds establish the Bonds' maturity dates generally as being in the year following the year in which the pertinent student graduated or would have graduated, subject to a two year initializing period upon first enrolling at the School and further subject to accelerated or postponed maturity in specific circumstances at the discretion of HGS. For specific terms in this regard please consult with Admissions.
Bond holders are encouraged to donate their Bonds at any time to the School to assist Grammar in carrying out its educational objectives. A tax receipt is issued with gratitude for the full value of the Bond.